Rapid growth and fierce competition drive the global renewable and clean-tech energy industries. Being environmentally conscious and sensitive to the sustainability of our planet not only makes sense for our survival, but is also a business opportunity, with the sector expected to attract US$20 trillion over the next two decades.
At the Forefront of Renewable and Clean-tech Energy
Reed Smith has one of the world's pre-eminent law practices in renewable and clean energy, and has been at the forefront of industry development for more than 25 years.
Our team has the experience to guide clients through all stages of any renewable and clean-tech project - including planning, financing, construction, and generation and supply agreements. We also integrate our sector-focused corporate and disputes lawyers, to provide a complete, one-stop service across North America, the Middle East, Europe and Asia.
We have represented clients acquiring fully operational renewable energy facilities, and clients developing and acquiring projects and technologies in various stages of development. In the past five years alone, we have worked on a significant number of renewable energy transactions involving more than 12,000 MW of power and capital commitments in excess of US$15 billion.
Experience Across All the Key Sub-Sectors
We are unique among law firms in representing both growth-stage companies focused on new clean technologies, and project developers employing those new technologies to generate, store or transport energy products. We have assisted clients in obtaining cost-effective, tax-efficient construction and term financing for every type of renewable energy facility.
We understand both the legal and commercial issues facing our clients in all key industry segments:
Biofuels - a leader in virtually every type of biofuel project and development, including zoning and permitting; EPC (engineering, procurement and construction) contracts; waste, air and water regulation; project finance; trading and hedging transactions; litigation; public securities offerings; venture capital and private placements; and patents and technology licensing
Clean-tech - focused on the legal needs of companies developing or investing in batteries and energy storage; carbon brokerage, sequestration, trading, renewable energy and carbon emission credits; coal mine methane and waste coal; EVs (electric vehicles); energy conservation, demand management and recycling; energy infrastructure; ethanol; geothermal; hydropower; pollution control; power generation; solar construction and power generation; water purification and distribution; and wind turbines, farms and offshore installations.
Geothermal - operated in this sector for more than 25 years representing project developers, owners and operators across a variety of major geothermal projects, and advising clients in virtually every aspect of geothermal energy production
Hydro - extensive experience advising utilities in the purchase of power from hydroelectric facilities, including negotiation of power offtake agreements, reviews of underlying rights of projects with regard to water, and extensive negotiations with lenders to the projects concerning the required continued operation of the plant in the event of a foreclosure
Solar - Reed Smith has a unique distinction among law firms in that it has advised clients for decades in regard to utility solar power facilities located throughout the United States and Europe. From our initial engagement on behalf of a major independent power producer in 1986 to our current representation of many of the largest solar companies in the world, Reed Smith brings extraordinary renewable expertise to any form of transaction in the solar industry. We are fully conversant with all issues arising in solar power generation (PV and CSP) and energy matters, including corporate (EPCs, O&M agreements, and supply contract frameworks), environmental, tax credits, renewable energy credits, commercial property, finance, regulatory and dispute resolution.
Wind - For more than 20 years Reed Smith attorneys have represented both the world's leading wind turbine manufacturer and leading wind project developers in the development, construction, financing and operations of wind energy projects throughout North America and in Europe, including recent offshore projects. Our engagements range from early stage real estate representation to obtain site control through service renewals and warranty claim workouts, and include power purchase agreements, financing, tax credit advice, turbine procurement and supply, project construction, interconnection, and operations and maintenance. We regularly represent Vestas Wind Systems A/S and its affiliates in Europe and North America, and we also represent leading developers and independent power producers in the acquisition and divestiture of development-stage and operating wind farms.
Turning Green Initiatives into Green Investments
Reed Smith is the partner-of-choice for companies seeking to turn green initiatives into green investments.
With our international footprint and globally prominent renewable and clean tech and advertising practices, Reed Smith helps companies develop their sustainability strategies, as well as execute them and bring them to the marketplace.
We have the experience, legal skills and high-level contacts within business and government to provide assistance to wind, solar and biomass energy companies. Whether you are engaged as a power producer, power distributor, investor or energy equipment manufacturer, we can support you through all stages of renewable and clean energy project development and growth - from initial start-up, to fully operational phases and expansion into new geographies and markets.